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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: LTK007 who wrote (92609)7/8/2002 4:38:54 PM
From: t2  Read Replies (1) of 99280
 
max, I see a big road block to a summer rally...and it is Microsoft. So many positive comments by analysts about this company's earnings. If they rally this stock ahead of earnings, it is going to cause a big tumble in the stock market afterwards. The outlook is not going to be good and I believe the market does not have this factored in..unlike Intel for which many analysts already see a lowering of next quarters numbers.

That is why i am looking for the market to sell off ahead of their earnings, in anticipation of bad news.

jmho
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